According to ECN, the decision to terminate its activities in MCFC and sell its technology package was "among others based on the decision of its closely involved industrial partners to focus on their core activities as a result of decreasing research and development (R&D) budgets.

2] to form a homogenous mixture, which was then combined with DDS in 1:1 stoichiometry for the amine hydrogen groups to the combined amount of double bonds in BMITB and epoxy groups in ECN (corresponding BMITB weight ratios in the blends were 0, 15.

Maranon's financing will not only support the further development of new product capabilities, but also add-on acquisitions to expand ECN's suite of services and customer base," commented Demian Kircher, the Managing Director of Maranon Capital who headed the firm's investment in ECN.

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